1. Increase in Authorised Share Capital

The Committee approved increasing the company's Authorised Share Capital from ₹22,10,00,000 (Rupees Twenty-Two Crores Ten Lakhs Only) divided into 2,21,00,000 (Two Crores Twenty-One Lakhs) Equity Shares of ₹10 each, to ₹22,80,00,000 (Rupees Twenty-Two Crores Eighty Lakhs Only) divided into 2,28,00,000 (Two Crores Twenty-Eight Lakhs) Equity Shares of ₹10 each. This increase is subject to approval by the shareholders of the Company.

2. Preferential Issue of Equity Shares

The Committee approved the issuance of up to 8,00,000 (Eight Lakhs) Equity Shares of face value ₹10 each at an issue price of ₹125 per equity share on a preferential basis for cash consideration. The total aggregate consideration will be approximately ₹10,00,00,000 (Rupees Ten Crore). The shares will be issued to persons belonging to Non-Promoter Public Categories in accordance with Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, and the Companies Act, 2013. This issuance is subject to approval by the shareholders of the Company and BSE Limited.

Investor Details: The preferential issue will be allocated to 26 non-promoter investors with the following allocation:

  • Mala Vijaykumar Doshi: 1,12,000 shares (post-issue holding: 1,12,000 shares)
  • Neha Nishit Goradia: 1,00,000 shares (post-issue holding: 1,00,000 shares)
  • Amit Balkrishna Arole: 80,000 shares (post-issue holding: 80,000 shares)
  • Sachin Bhanudas Chandsarkar: 80,000 shares (post-issue holding: 96,041 shares, representing 0.07% dilution)
  • Avani Rajesh Shah: 36,800 shares (post-issue holding: 36,800 shares)
  • Rupal Mayur Pattni: 36,800 shares (post-issue holding: 36,800 shares)
  • Paresh Dineshlal Shah: 35,000 shares (post-issue holding: 35,000 shares)
  • Mehul Pramod Sheth: 30,000 shares (post-issue holding: 30,000 shares)
  • Krinal Vishal Jariwala: 25,200 shares (post-issue holding: 25,200 shares)
  • Vishal S Jariwala: 25,200 shares (post-issue holding: 25,200 shares)
  • Amee S Shah: 22,000 shares (post-issue holding: 22,000 shares)
  • Bhavesh I. Surani: 22,000 shares (post-issue holding: 22,000 shares)
  • Makwana Sanjaybhai Khimjibhai: 22,000 shares (post-issue holding: 22,000 shares)
  • Vijay Arvindbhai Patel: 22,000 shares (post-issue holding: 22,000 shares)
  • Akash Harish Pawar: 21,000 shares (post-issue holding: 21,000 shares)
  • Rahul Sakhrekar: 21,000 shares (post-issue holding: 21,000 shares)
  • Yatin Vilas Kulkarni: 21,000 shares (post-issue holding: 21,500 shares, representing 0.00% dilution)
  • Surendra Pandurang Brahmankar: 20,000 shares (post-issue holding: 20,500 shares, representing 0.00% dilution)
  • Nilesh R Shah: 16,000 shares (post-issue holding: 76,000 shares, representing 0.27% dilution)
  • Rahul Balkrishna Bhokare: 14,000 shares (post-issue holding: 14,000 shares)
  • Rajesh P Jain: 10,000 shares (post-issue holding: 10,000 shares)
  • Ritesh Bharat Shah: 10,000 shares (post-issue holding: 10,000 shares)
  • Shreekant: 10,000 shares (post-issue holding: 10,000 shares)
  • Surendrapratap Singh: 8,000 shares (post-issue holding: 8,000 shares)
  • Manish S Ramani: 8,000 shares (post-issue holding: 8,000 shares)

3. Extraordinary General Meeting

The Committee approved the draft Notice convening an Extraordinary General Meeting (EGM) of the members of the Company. The EGM is scheduled for Wednesday, July 15, 2026, at 11:30 A.M. (IST) and will be conducted through Video Conferencing (VC) / Other Audio-Visual Means (OAVM).

4. Appointment of Scrutinizer

The Committee approved the appointment of Mr. Nuren Nirmal Lodaya, Practicing Company Secretary (C.P No. 24248), as the Scrutinizer to conduct the remote e-voting process and e-voting during the EGM in a fair and transparent manner.

The disclosure is made in compliance with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.